Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar - 2022

Contents:

  1. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar (FOB) - 2022
  2. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar (CIF) - 2022
  3. Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar
  4. Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar (FOB) - 2022

The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $839 per ton in December 2022, which is down by -57.5% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2022 an increase of 102% against the previous month. The export price peaked at $1,974 per ton in November 2022, and then shrank rapidly in the following month.

There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was Thailand ($1,012 per ton), while the average price for exports to China ($550 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar (CIF) - 2022

The average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $1,160 per ton in 2022, increasing by 62% against the previous year. Overall, the import price, however, saw a abrupt curtailment. Over the period under review, average import prices attained the maximum at $3,693 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -8.3% per year.

Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar

In 2022, the amount of leguminous vegetables; shelled or unshelled, fresh or chilleds exported from Myanmar skyrocketed to 8.8K tons, surging by 106% against the previous year. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 114% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds surged to $7.8M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 190% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7325987654,76986.8%
Thailand3.5N/A5662,062738.3%
Malaysia18556.8244181-0.7%
FranceN/AN/AN/A1750%
Singapore43.629.637310333.2%
India1,600N/AN/A25.0-75.0%
Others4183249785036.4%
Total2,9821,0082,9277,81837.9%

Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Myanmar in 2022:

  1. China (6.2K tons)
  2. Thailand (1.4K tons)
  3. Singapore (0.2K tons)
  4. France (0.2K tons)
  5. Malaysia (0.2K tons)

Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar

In 2022, overseas purchases of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -98.7% to 2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a precipitous setback. The pace of growth was the most pronounced in 2020 when imports increased by 140% against the previous year.

In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds fell sharply to $2.3K in 2022. Over the period under review, imports faced a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 87%. As a result, imports attained the peak of $108K, and then dropped dramatically in the following year.

Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand45.155.31032.3-62.9%
Singapore2.02.25.0N/A58.1%
OthersN/AN/AN/AN/A0%
Total47.157.61082.3-63.4%

Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Myanmar in 2022:

  1. Thailand (2.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Leguminous vegetables; shelled or unshelled, fresh or chilled - Myanmar